BROOKHAVEN, MS — Delphi Packard will invest a reported $15 million to upgrade its printed circuit assembly plant here, a further sign that it has tabled any plans to move production to Mexico.

SAN FRANCISCO -- Top 20 EMS provider Fabrinet today reported fiscal fourth-quarter net income rose 23% year-over-year to $16.7 million.It was the company's 46th straight quarter of profitability.

BEIJING – EMS firm Beijing Brio Technology has moved into a custom new factory here.

SHENZHEN – Electronics manufacturer SinoHub reported second-quarter net sales of $40.9 million, down 6.8% year-over-year.

Net income was $1 million, down 70.6% compared to the same period last year.

Sales in the ICM business segment were $9.2 million, down 30.8% year-over-year.

Net sales from the electronic component sales and supply chain management services segment for the quarter were $31.7 million, up 3.6% compared to the second quarter of 2010.

“Our results were impacted this quarter by a significant decline in sales from our ICM segment, as our largest customer faced inventory issues relating to phones purchased from another supplier.  As a result, this customer was unable to purchase any phones from SinoHub during the second quarter,” said CEO Harry Cochran.
“We have decided to shift the electronic component procurement portion of our ECSS segment to a brokerage model from our current model where we take ownership of components.” 

Net sales for the six months ended June 30 were $78.9 million, down 4.4% compared to the year-earlier period. 

Gross profit for the six-month period was $12.1 million, down 17.7% year-over-year.